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A comment on Wage suppression – not stagnation – is costing workers $10 an hour (2021). Parent comment

Re:Wage suppression – not stagnation – is costing workers $1... by kube-system on Friday November 03, 2023 @04:01PM (#38134223)
$200/hr fully loaded cost or $200/hr wage? Because a $60/hr wage isn't really that far away from a $200/hr fully loaded cost in some cases.

If you're hiring a non-employee contractor through some other company for $200/hr ... the SWE making $60/hr might just be that same person. Taxes, benefits, and overhead are very expensive.

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Re:Wage suppression – not stagnation – is costing workers $1... by starbase on Friday November 03, 2023 @04:13PM (#38134379)
It's contract work paid straight to the dev, with a 1099 when tax season rolls around.
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Re:Wage suppression – not stagnation – is costing workers $1... by BobaFloutist on Friday November 03, 2023 @04:53PM (#38134857)
Ok so they're paying the rest of the full load.
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Re:Wage suppression – not stagnation – is costing workers $1... by jandrewrogers on Friday November 03, 2023 @04:13PM (#38134375)
The overhead costs of highly paid employees in the US are something like 25-50% of the wage. $200/hr gross will pencil out at $1xx/hr received.
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Re:Wage suppression – not stagnation – is costing workers $1... by kube-system on Friday November 03, 2023 @04:17PM (#38134431)
Depends on the company. I have seen people making $40k/yr being billed out between $180-210/hr... about $20/hr for the employee after PTO.
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Re:Wage suppression – not stagnation – is costing workers $1... by boppo1 on Friday November 03, 2023 @06:18PM (#38135779)
How do I tell an employer I just want my 'fully loaded' cost in cash?
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Re:Wage suppression – not stagnation – is costing workers $1... by starbase on Friday November 03, 2023 @06:45PM (#38136056)
Become a contractor. If you go this route, be aware an additional ~1/8 your income will be confiscated as taxes.

Worth it for the flexibility, IMO.

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